The Market On Monday

Good morning. It is 41 degrees and raining here in Upstate NY. I hope you had a good weekend. We had a very restful and simultaneously productive weekend here. I am very sad to read about leaking radioactive water literally gushing into the Pacific Ocean. Fukushima is outdoing the Gulf in terms of intensity of pollution with lingering bad consequences. Its TEPCO versus BP for polluter of the decade award.

At 8:30 a.m. futures are up, the dollar is mixed, and oil is up.

Allegedly investors are still happy about Friday's better than expected jobs report card. Also with no major market reports on tap for the week, stocks could very well remain in place. Its always a crap shoot.

Regardless, it is April 11th that is the next major point, one week from today. That is when Q1 corporate reports start to come in. What will happen? Will the recovery prove to be unsustainable with quantitative easing petering out. Will the recovery gain traction with decent Q1 reports and continued employment growth? Or will an unknown ameliorating factor arise which sends the top on a skirting trajectory?

CNN: Stocks: Basking in jobs afterglow

...upbeat sentiment following a better-than-expected jobs report.


No market-moving economic reports are on the agenda Monday...


Bernanke is scheduled to speak...at 7:15 p.m. ET.


Crude oil for May delivery gained 31 cents to $108.25 a barrel.